Amalgamated Bank

USA
North America

http://www.AmalgamatedBank.com/

Industry:Banking
Date joined:15 August, 2019

Company Profile

We’re the bank for people who care what their money does in the world. When you deposit your money at Amalgamated, it supports sustainable organizations, progressive causes, and social justice. We are committed to environmental and social responsibility. We’re net-zero and powered by 100% renewable energy, and we have a long, proud history of providing affordable access to the banking system, supporting immigrants and affordable housing, and being a champion of workers’ rights.

Why the bank joined UNEP FI as a member

This endorsement is a continuation of Amalgamated Banks’s leadership in social responsibility and sustainability. Amalgamated is a Certified B Corporation, and a member of the Global Alliance for Banking on Values (GABV).  In October 2018, Amalgamated announced a commitment to measure, report, and align all of its lending with the Paris Climate Agreement. Additionally, in March, Amalgamated launched the Climate Change Commitment, in which 27 fellow GABV member banks joined Amalgamated to contribute to the effort of monitoring the carbon impact of their portfolio loans and investments.

Keith Mestrich, President and Chief Executive Officer

“This endorsement is a continuation of Amalgamated Banks’s leadership in social responsibility and sustainability. Amalgamated is a Certified B Corporation, and a member of the Global Alliance for Banking on Values (GABV).  In October 2018, Amalgamated announced a commitment to measure, report, and align all of its lending with the Paris Climate Agreement. Additionally, in March, Amalgamated launched the Climate Change Commitment, in which 27 fellow GABV member banks joined Amalgamated to contribute to the effort of monitoring the carbon impact of their portfolio loans and investments.

“The issues facing our society and our planet are simply too important for our industry to ignore. As America’s socially responsible bank, Amalgamated has always believed in our responsibility to act as a force for good in society. That is why we are so proud to be the first U.S. bank to endorse the UNEP FI Principles for Responsible Banking, which provide a valuable framework for our industry to work together towards a healthier, more sustainable society.  We hope others in the banking industry will join us in signing on to the Principles, as we work together to actively shape a more just and sustainable future.”

Corporate Sustainability Reports

http://media.corporate-ir.net/media_files/IROL/55/5558587/csrreport/